Under the law of assignments,the assignee stands in the shoes of the assignor.
Correct Answer:
Verified
Q8: Where both words and numerals are used
Q9: Paper payable "on demand" fails the test
Q10: Negotiability gives commercial paper a high degree
Q11: Handwritten words supersede contradicting typewritten words in
Q12: To be negotiable,an instrument must be in
Q14: A check is a draft payable on
Q15: A maker must sign in the lower,right-hand
Q16: A form of time draft known as
Q17: Only a bank may serve as the
Q18: A time draft is one payable upon
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents